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According to preliminary statistics from the General Department of Customs, Vietnam's corn imports of all kinds in the first eight months of 2024 reached over 6.93 million tons, worth over 1.72 billion USD, with an average price of 247.4 USD/ton, up 29.5% in volume, up 0.07% in turnover, but down 22.8% in price compared to the first eight months of 2023.
Argentina was the largest corn supplier to Vietnam in the first eight months of 2024, accounting for 58.3% of the total volume and 57% of the total corn import turnover of the country, reaching over 4.04 million tons, equivalent to nearly 978.45 million USD.
Brazil ranked second in the first eight months of 2024, reaching nearly 1.79 million tons, equivalent to 453.89 million USD, priced at 253.9 USD/ton, accounting for 25.8% of the total volume and 26.5% of the total corn import turnover of the country.
Next is the Lao market, in the first eight months of 2024 it reached 74,589 tons, equivalent to 18.64 million USD, priced at 249.9 USD/ton, accounting for over 1% of the total volume and total corn import turnover of the country.
September 18, 2024/ Vietnam Industry and Trade Information Center - Ministry of Industry and Trade (VITIC)/ Vietnam.
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